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temeculaguy
ParticipantGood for him matt, that is actually a great little enclave and the 324k he paid is a very reasonable price. The second one I referenced dropped their price 60k to 339k two days ago, it will probably sell soon, 20% slashings are starting to work.
If you have another friend, this one was so underpriced it didn’t last a week, the link may not last long but 269k for a nice newer 4/3 2500 sq in one of the better parts of Redhawk and they even replaced the lawn (something the banks are starting to do lately). Only thing they can do is throw out a backup offer at this point, it sold before the pictures were posted.
I’m noticing the spread widening between the repos and the FB’s, sometimes the listing prices are close to double on model matches and only the bargains are selling but they are selling quick. I’ve also noticed that a bunch of the repos I saw last month are on craigslist for rent. Houses for rent on cl in temecula are blowing up, in three days there were one hundred ads, I also saw rents being reduced over a week’s time on the same house being relisted. I think a lot of people are deciding that some of these are penciling out as rentals and are taking the plunge, it’s likely the rental market is going to get more competative and rents will decline, especially as gas prices rise. I think there will be one more leg down this summer as potential landlords are scared away by all the for rent signs that will be coming very soon.
Then Vertigo can wag his/her finger at me, for now I’ll just ponder which BBQ sauce to use on all those carcasses.
temeculaguy
ParticipantGood for him matt, that is actually a great little enclave and the 324k he paid is a very reasonable price. The second one I referenced dropped their price 60k to 339k two days ago, it will probably sell soon, 20% slashings are starting to work.
If you have another friend, this one was so underpriced it didn’t last a week, the link may not last long but 269k for a nice newer 4/3 2500 sq in one of the better parts of Redhawk and they even replaced the lawn (something the banks are starting to do lately). Only thing they can do is throw out a backup offer at this point, it sold before the pictures were posted.
I’m noticing the spread widening between the repos and the FB’s, sometimes the listing prices are close to double on model matches and only the bargains are selling but they are selling quick. I’ve also noticed that a bunch of the repos I saw last month are on craigslist for rent. Houses for rent on cl in temecula are blowing up, in three days there were one hundred ads, I also saw rents being reduced over a week’s time on the same house being relisted. I think a lot of people are deciding that some of these are penciling out as rentals and are taking the plunge, it’s likely the rental market is going to get more competative and rents will decline, especially as gas prices rise. I think there will be one more leg down this summer as potential landlords are scared away by all the for rent signs that will be coming very soon.
Then Vertigo can wag his/her finger at me, for now I’ll just ponder which BBQ sauce to use on all those carcasses.
temeculaguy
ParticipantGood for him matt, that is actually a great little enclave and the 324k he paid is a very reasonable price. The second one I referenced dropped their price 60k to 339k two days ago, it will probably sell soon, 20% slashings are starting to work.
If you have another friend, this one was so underpriced it didn’t last a week, the link may not last long but 269k for a nice newer 4/3 2500 sq in one of the better parts of Redhawk and they even replaced the lawn (something the banks are starting to do lately). Only thing they can do is throw out a backup offer at this point, it sold before the pictures were posted.
I’m noticing the spread widening between the repos and the FB’s, sometimes the listing prices are close to double on model matches and only the bargains are selling but they are selling quick. I’ve also noticed that a bunch of the repos I saw last month are on craigslist for rent. Houses for rent on cl in temecula are blowing up, in three days there were one hundred ads, I also saw rents being reduced over a week’s time on the same house being relisted. I think a lot of people are deciding that some of these are penciling out as rentals and are taking the plunge, it’s likely the rental market is going to get more competative and rents will decline, especially as gas prices rise. I think there will be one more leg down this summer as potential landlords are scared away by all the for rent signs that will be coming very soon.
Then Vertigo can wag his/her finger at me, for now I’ll just ponder which BBQ sauce to use on all those carcasses.
temeculaguy
ParticipantGood for him matt, that is actually a great little enclave and the 324k he paid is a very reasonable price. The second one I referenced dropped their price 60k to 339k two days ago, it will probably sell soon, 20% slashings are starting to work.
If you have another friend, this one was so underpriced it didn’t last a week, the link may not last long but 269k for a nice newer 4/3 2500 sq in one of the better parts of Redhawk and they even replaced the lawn (something the banks are starting to do lately). Only thing they can do is throw out a backup offer at this point, it sold before the pictures were posted.
I’m noticing the spread widening between the repos and the FB’s, sometimes the listing prices are close to double on model matches and only the bargains are selling but they are selling quick. I’ve also noticed that a bunch of the repos I saw last month are on craigslist for rent. Houses for rent on cl in temecula are blowing up, in three days there were one hundred ads, I also saw rents being reduced over a week’s time on the same house being relisted. I think a lot of people are deciding that some of these are penciling out as rentals and are taking the plunge, it’s likely the rental market is going to get more competative and rents will decline, especially as gas prices rise. I think there will be one more leg down this summer as potential landlords are scared away by all the for rent signs that will be coming very soon.
Then Vertigo can wag his/her finger at me, for now I’ll just ponder which BBQ sauce to use on all those carcasses.
temeculaguy
ParticipantMarion, it might be better for those of us shopping the market to tell everyone that we hate it here. Ren, if you don’t have to commute, it’s a cool place to live. A lot of people moved here for the reasons you stated, it does have relatively low crime, good schools and decent prices for housing. But I’ve never met anyone commuting more than an hour each way in their own car that is happy, and they chose that lifestyle when gas was $2 a gallon, soon we will never see gas under $4, and cheaper housing closer to their work, so they will be leaving soon. I bought one tank of gas in the last 60 days so I could care less, but to people filling up every two days, as they say at the amusement park “yor ride is slowly coming to a stop.” Don’t buy a rental out here, the population will probably decrease over the next few years and there are already plenty of empty houses in the pipeline. Jobwise, for your wife, if she doesn’t have an easily employable skill, well paying jobs in this valley are becoming more scarce with the thousands of starving R/E related people looking for work. Now if none of that matters because of whatever you do for work, it’s a nice place with some nice prices, but six months from now they will be even nicer, so wait a while or at least until I buy my place, I’ve got dibbs anyway.
temeculaguy
ParticipantMarion, it might be better for those of us shopping the market to tell everyone that we hate it here. Ren, if you don’t have to commute, it’s a cool place to live. A lot of people moved here for the reasons you stated, it does have relatively low crime, good schools and decent prices for housing. But I’ve never met anyone commuting more than an hour each way in their own car that is happy, and they chose that lifestyle when gas was $2 a gallon, soon we will never see gas under $4, and cheaper housing closer to their work, so they will be leaving soon. I bought one tank of gas in the last 60 days so I could care less, but to people filling up every two days, as they say at the amusement park “yor ride is slowly coming to a stop.” Don’t buy a rental out here, the population will probably decrease over the next few years and there are already plenty of empty houses in the pipeline. Jobwise, for your wife, if she doesn’t have an easily employable skill, well paying jobs in this valley are becoming more scarce with the thousands of starving R/E related people looking for work. Now if none of that matters because of whatever you do for work, it’s a nice place with some nice prices, but six months from now they will be even nicer, so wait a while or at least until I buy my place, I’ve got dibbs anyway.
temeculaguy
ParticipantMarion, it might be better for those of us shopping the market to tell everyone that we hate it here. Ren, if you don’t have to commute, it’s a cool place to live. A lot of people moved here for the reasons you stated, it does have relatively low crime, good schools and decent prices for housing. But I’ve never met anyone commuting more than an hour each way in their own car that is happy, and they chose that lifestyle when gas was $2 a gallon, soon we will never see gas under $4, and cheaper housing closer to their work, so they will be leaving soon. I bought one tank of gas in the last 60 days so I could care less, but to people filling up every two days, as they say at the amusement park “yor ride is slowly coming to a stop.” Don’t buy a rental out here, the population will probably decrease over the next few years and there are already plenty of empty houses in the pipeline. Jobwise, for your wife, if she doesn’t have an easily employable skill, well paying jobs in this valley are becoming more scarce with the thousands of starving R/E related people looking for work. Now if none of that matters because of whatever you do for work, it’s a nice place with some nice prices, but six months from now they will be even nicer, so wait a while or at least until I buy my place, I’ve got dibbs anyway.
temeculaguy
ParticipantMarion, it might be better for those of us shopping the market to tell everyone that we hate it here. Ren, if you don’t have to commute, it’s a cool place to live. A lot of people moved here for the reasons you stated, it does have relatively low crime, good schools and decent prices for housing. But I’ve never met anyone commuting more than an hour each way in their own car that is happy, and they chose that lifestyle when gas was $2 a gallon, soon we will never see gas under $4, and cheaper housing closer to their work, so they will be leaving soon. I bought one tank of gas in the last 60 days so I could care less, but to people filling up every two days, as they say at the amusement park “yor ride is slowly coming to a stop.” Don’t buy a rental out here, the population will probably decrease over the next few years and there are already plenty of empty houses in the pipeline. Jobwise, for your wife, if she doesn’t have an easily employable skill, well paying jobs in this valley are becoming more scarce with the thousands of starving R/E related people looking for work. Now if none of that matters because of whatever you do for work, it’s a nice place with some nice prices, but six months from now they will be even nicer, so wait a while or at least until I buy my place, I’ve got dibbs anyway.
temeculaguy
ParticipantMarion, it might be better for those of us shopping the market to tell everyone that we hate it here. Ren, if you don’t have to commute, it’s a cool place to live. A lot of people moved here for the reasons you stated, it does have relatively low crime, good schools and decent prices for housing. But I’ve never met anyone commuting more than an hour each way in their own car that is happy, and they chose that lifestyle when gas was $2 a gallon, soon we will never see gas under $4, and cheaper housing closer to their work, so they will be leaving soon. I bought one tank of gas in the last 60 days so I could care less, but to people filling up every two days, as they say at the amusement park “yor ride is slowly coming to a stop.” Don’t buy a rental out here, the population will probably decrease over the next few years and there are already plenty of empty houses in the pipeline. Jobwise, for your wife, if she doesn’t have an easily employable skill, well paying jobs in this valley are becoming more scarce with the thousands of starving R/E related people looking for work. Now if none of that matters because of whatever you do for work, it’s a nice place with some nice prices, but six months from now they will be even nicer, so wait a while or at least until I buy my place, I’ve got dibbs anyway.
temeculaguy
ParticipantAnother RUN, don’t walk vote. The odds are about 50/50 that you and your wife will still be together in eight years, the odds that three or four young couples are all together and all still friends is staggering. Something always happens, a partner couple gets divorced or has a financial hardship and wants to sell or be bought out when you aren’t ready or can’t. I have seen many of these involving rentals or vacation homes, still have never met anyone where it worked out and have never heard anyone say “I’d love to do that again.”
temeculaguy
ParticipantAnother RUN, don’t walk vote. The odds are about 50/50 that you and your wife will still be together in eight years, the odds that three or four young couples are all together and all still friends is staggering. Something always happens, a partner couple gets divorced or has a financial hardship and wants to sell or be bought out when you aren’t ready or can’t. I have seen many of these involving rentals or vacation homes, still have never met anyone where it worked out and have never heard anyone say “I’d love to do that again.”
temeculaguy
ParticipantAnother RUN, don’t walk vote. The odds are about 50/50 that you and your wife will still be together in eight years, the odds that three or four young couples are all together and all still friends is staggering. Something always happens, a partner couple gets divorced or has a financial hardship and wants to sell or be bought out when you aren’t ready or can’t. I have seen many of these involving rentals or vacation homes, still have never met anyone where it worked out and have never heard anyone say “I’d love to do that again.”
temeculaguy
ParticipantAnother RUN, don’t walk vote. The odds are about 50/50 that you and your wife will still be together in eight years, the odds that three or four young couples are all together and all still friends is staggering. Something always happens, a partner couple gets divorced or has a financial hardship and wants to sell or be bought out when you aren’t ready or can’t. I have seen many of these involving rentals or vacation homes, still have never met anyone where it worked out and have never heard anyone say “I’d love to do that again.”
temeculaguy
ParticipantAnother RUN, don’t walk vote. The odds are about 50/50 that you and your wife will still be together in eight years, the odds that three or four young couples are all together and all still friends is staggering. Something always happens, a partner couple gets divorced or has a financial hardship and wants to sell or be bought out when you aren’t ready or can’t. I have seen many of these involving rentals or vacation homes, still have never met anyone where it worked out and have never heard anyone say “I’d love to do that again.”
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